Adobe Systems agrees to buy Day Software Holding in a deal worth US$240 million. Day Software specializes in web content management, digital asset management and social collaboration. Adobe expects to close the deal in the fourth quarter of its 2010 fiscal year. Day’s CEO, Erik Hansen, will join Adobe as part of the deal. Day products constitute “a complete solution for building and running global, compelling websites and multi-channel customer experiences,” a FAQ document says. Analyst: “Biggest danger for current Day customers may be that Adobe will want to commoditize technology””]
Source: https://www.csoonline.com/article/2125548/adobe-acquires-web-software-maker-for-us-240-million.html